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Teenagers
Individuals who are in their teenage years, typically between the ages of 13 and 19.
Elasticity of Demand
A measure of how much the quantity demanded of a good responds to a change in the price of that good, indicating the sensitivity of consumers to price changes.
Gasoline Consumption
The total volume of gasoline used by vehicles within a country or region, often measured in gallons or liters per capita.
Perfectly Inelastic
A situation in economics where the quantity demanded or supplied does not change regardless of changes in price.
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